Wellchange Holdings Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Wellchange Holdings has an operating margin of -19.8%, meaning the company retains $-20 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 47.5% the prior year.
Wellchange Holdings's revenue declined 7.3% year-over-year, from $2.5M to $2.3M. This contraction results in a growth score of 8/100.
Wellchange Holdings carries a low D/E ratio of 0.09, meaning only $0.09 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Wellchange Holdings's current ratio of 1.04 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 22/100, which could limit financial flexibility.
Wellchange Holdings passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Wellchange Holdings generates $0.73 in operating cash flow (-$316K OCF vs -$432K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Wellchange Holdings (WCT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Wellchange Holdings generated $2.3M in revenue in fiscal year 2024. This represents a decrease of 7.3% from the prior year.
Wellchange Holdings's EBITDA was -$416K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 134.0% from the prior year.
Wellchange Holdings reported -$432K in net income in fiscal year 2024. This represents a decrease of 146.0% from the prior year.
Wellchange Holdings earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 144.7% from the prior year.
Wellchange Holdings held $250K in cash against $434K in long-term debt as of fiscal year 2024.
Wellchange Holdings had 46M shares outstanding in fiscal year 2024. This represents an increase of 131.3% from the prior year.
Wellchange Holdings's gross margin was 70.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 8.0 percentage points from the prior year.
Wellchange Holdings's operating margin was -19.8% in fiscal year 2024, reflecting core business profitability. This is down 67.3 percentage points from the prior year.
Wellchange Holdings's net profit margin was -18.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 56.4 percentage points from the prior year.
WCT Income Statement
| Metric | Q2'25 | Q2'24 | Q4'23 |
|---|---|---|---|
| Revenue | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A |
WCT Balance Sheet
| Metric | Q2'25 | Q2'24 | Q4'23 |
|---|---|---|---|
| Total Assets | $13.3M+98.3% | $6.7M+103.0% | $3.3M |
| Current Assets | $4.1M+161.0% | $1.6M+100.4% | $788K |
| Cash & Equivalents | $72K-71.4% | $250K+1858.2% | $13K |
| Inventory | N/A | N/A | N/A |
| Accounts Receivable | $1.1M+136.4% | $453K-37.1% | $720K |
| Goodwill | N/A | N/A | N/A |
| Total Liabilities | $988K-44.6% | $1.8M+37.1% | $1.3M |
| Current Liabilities | $957K-36.7% | $1.5M+43.2% | $1.1M |
| Long-Term Debt | $412K-5.0% | $434K-12.6% | $497K |
| Total Equity | $12.3M+150.1% | $4.9M+146.0% | $2.0M |
| Retained Earnings | -$1.8M-249.4% | $1.2M-26.6% | $1.6M |
WCT Cash Flow Statement
| Metric | Q2'25 | Q2'24 | Q4'23 |
|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A |
WCT Financial Ratios
| Metric | Q2'25 | Q2'24 | Q4'23 |
|---|---|---|---|
| Gross Margin | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A |
| Current Ratio | 4.30+3.3 | 1.04+0.3 | 0.75 |
| Debt-to-Equity | 0.03-0.1 | 0.09-0.2 | 0.25 |
| FCF Margin | N/A | N/A | N/A |
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Frequently Asked Questions
What is Wellchange Holdings's annual revenue?
Wellchange Holdings (WCT) reported $2.3M in total revenue for fiscal year 2024. This represents a -7.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Wellchange Holdings's revenue growing?
Wellchange Holdings (WCT) revenue declined by 7.3% year-over-year, from $2.5M to $2.3M in fiscal year 2024.
Is Wellchange Holdings profitable?
No, Wellchange Holdings (WCT) reported a net income of -$432K in fiscal year 2024, with a net profit margin of -18.7%.
What is Wellchange Holdings's earnings per share (EPS)?
Wellchange Holdings (WCT) reported diluted earnings per share of $-0.02 for fiscal year 2024. This represents a -144.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Wellchange Holdings's EBITDA?
Wellchange Holdings (WCT) had EBITDA of -$416K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Wellchange Holdings have?
As of fiscal year 2024, Wellchange Holdings (WCT) had $250K in cash and equivalents against $434K in long-term debt.
What is Wellchange Holdings's gross margin?
Wellchange Holdings (WCT) had a gross margin of 70.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Wellchange Holdings's operating margin?
Wellchange Holdings (WCT) had an operating margin of -19.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Wellchange Holdings's net profit margin?
Wellchange Holdings (WCT) had a net profit margin of -18.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Wellchange Holdings's operating cash flow?
Wellchange Holdings (WCT) generated -$316K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Wellchange Holdings's total assets?
Wellchange Holdings (WCT) had $6.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Wellchange Holdings have outstanding?
Wellchange Holdings (WCT) had 46M shares outstanding as of fiscal year 2024.
What is Wellchange Holdings's current ratio?
Wellchange Holdings (WCT) had a current ratio of 1.04 as of fiscal year 2024, which is considered adequate.
What is Wellchange Holdings's debt-to-equity ratio?
Wellchange Holdings (WCT) had a debt-to-equity ratio of 0.09 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Wellchange Holdings's return on assets (ROA)?
Wellchange Holdings (WCT) had a return on assets of -6.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Wellchange Holdings's cash runway?
Based on fiscal year 2024 data, Wellchange Holdings (WCT) had $250K in cash against an annual operating cash burn of $316K. This gives an estimated cash runway of approximately 10 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Wellchange Holdings's Piotroski F-Score?
Wellchange Holdings (WCT) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Wellchange Holdings's earnings high quality?
Wellchange Holdings (WCT) has an earnings quality ratio of 0.73x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Wellchange Holdings?
Wellchange Holdings (WCT) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.